Babbitt reported on the 8th, November 8th, 2019 World Blockchain Conference·Wuzhen officially opened at Wuzhen Internet International Convention and Exhibition Center. In this afternoon's round-table dialogue on "Where is the smartest capital flow? 2020 investment trend discussion", Zhou Shuoji, founder of FBG blockchain investment fund, said that I think that after the blockchain appeared, it will reshape Token in the blockchain. Reinventing things on Wall Street, a variety of financial services. Finance is a field of strong regulation and very strong regulation. Any innovation here is not easy. Everyone can also see the innovation of the currency circle, and the pressure is very big. Regardless of policy pressure or operational pressure, I now see some favorable financial services for us after the policy is favorable. In the chain, whether it is centralized or decentralized, there are new opportunities. There is also a trend to return to comply with local regulatory policies. For example, Hong Kong comes out with new regulations, and the rest are very strict. I believe that there is no serious exchange to apply for this license, because the business has not been done after the application. Of course, there are people who do it in different ways. After the policy is favorable, especially for the niche, the policy red line will draw a lot of circles, and we operate at a small point. This point expands outward and can continue to expand. This is a question we think about and a problem that practitioners look at.